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Fly News Breaks for August 15, 2018
LVS, MGM, WYNN
Aug 15, 2018 | 08:11 EDT
After holding meetings in Las Vegas, Morgan Stanley analyst Thomas Allen said he came away feeling that commentary mostly supports a "decent" Vegas market, which "should be enough" for MGM Resorts (MGM). The meetings also made him more bullish on Wynn Resorts (WYNN), as Allen believes weaker Macau growth and lost share should be transitory issues, he tells investors. Allen has Overweight ratings on Las Vegas Sands (LVS) and MGM and an Equal Weight rating on Wynn Resorts.
News For WYNN;MGM;LVS From the Last 2 Days
WYNN, MGM
Apr 19, 2024 | 16:02 EDT
Welcome to the latest edition of "Bet On It," where The Fly looks at news and activity in the sports betting and iGaming space. SECTOR NEWS: Elys... To see the rest of the story go to thefly.com. See Story Here
WYNN
Apr 19, 2024 | 05:13 EDT
LVS
Apr 18, 2024 | 16:26 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
LVS
Apr 18, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
LVS
Apr 18, 2024 | 09:22 EDT
LVS
Apr 18, 2024 | 09:11 EDT
Macquarie lowered the firm's price target on Las Vegas Sands to $61 from $62 and keeps an Outperform rating on the shares. The company reported a slight Q1 beat, aided by lucky Singapore hold, which more than offset unfavorable Macau hold, the analyst tells investors in a research note. The firm says that while ongoing Macau construction remains an impact, it sets up Las Vegas Sands for a much stronger competitive position in 2025.
LVS
Apr 18, 2024 | 07:38 EDT
LVS
Apr 18, 2024 | 06:39 EDT
LVS
Apr 18, 2024 | 06:21 EDT
LVS
Apr 18, 2024 | 05:51 EDT
Citi raised the firm's price target on Las Vegas Sands to $75 from $74 and keeps a Buy rating on the shares following the Q1 report. At Macau, the disruption from Londoner phase 2 renovation has been largely priced in as it was well flagged and explained by management in previous earnings calls, the analyst tells investors in a research note. the firm continues to rank Las Vegas Sands as its "Global Top Pick." The stock appears to be trading at an "undemanding" valuation, says Citi.
LVS
Apr 18, 2024 | 05:42 EDT
